At a subcommittee hearing held last week on the farm bill implementation, different agency administrators reported on the current status of program enrollments and compliance issues.The House Agriculture Committee's subcommittee on General Farm Commodities and Risk Management held a hearing last week on the farm bill implementation. Subcommittee Chairman Rick Crawford (R-Arkansas) noted that farmers will have had to make a choice by 31 March whether to sign up for the farm bill's Price Loss Coverage (PLC) or Agricultural Risk Coverage (ARC) programs. This is an irrevocable decision made more consequential by the fact that net farm income has dropped 43 percent since its peak in the past few years. Crawford said this is a reason for the farm...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.